Analyst expects negative reaction to Friday’s USDA reports

Later today, USDA will release its 2019 Prospective
Plantings forecast and quarterly stocks figures for corn, soybeans, and wheat.

Analyst Jamey Kohake with Paragon Investments does not expect a positive response by the market, and says the most bearish signal will likely come from an anticipated increase in soybean ending stocks.

Continue reading Analyst expects negative reaction to Friday’s USDA reports at Brownfield Ag News.